2017-10-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   16 OCTOBER 2017


                                       Attachment 2




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GENERAL COMMITTEE MEETING AGENDA                                                                       16 OCTOBER 2017

                                                                                                              Attachment 2

   Noosa Council
  Statement of Financial Position
  For the Year Ended 30 June 2018
  As at 30 September 2017
                                                                      Current                Actual                   Actual
                                                                      Budget                    YTD                Full Year
                                                                         2018                   2018                    2017
                                                                       ($'000)                ($'000)                 ($'000)
  Current Assets
        Cash and cash equivalents                                       48,418                 78,927                 65,463
        Trade and other receivables                                      8,381                  7,914                   7,101
        Inventories                                                        156                    335                    330
        Other current assets                                              468                   2,887                  2,796
                                                                        57,424                 90,063                 75,690
        Non Current Assets held for sale                                     -                      -                       -
  Total Current Assets                                                  57,424                 90,063                 75,690
  Non Current Assets
        Trade and other receivables                                     49,218                 49,218                 49,218
        Other non current Assets                                             -                      -                       -
        Investments                                                     69,141                 60,978                 60,978
        Investment property                                              4,150                  4,405                  4,405
        Property, plant and equipment                                 935,214                 916,638                913,152
        Intangible assets                                                3,837                  3,879                   3,497
  Total Non Current Assets                                           1,061,560              1,035,118               1,031,249

  Total Assets                                                       1,118,984              1,125,180               1,106,939
  Current Liabilities
        Trade and other payables                                         4,501                 15,093                 11,819
        Borrowings                                                       3,040                  1,705                   3,745
        Provisions                                                       4,394                  2,307                  4,076
       Other                                                              548                     555                    645
  Total Current Liabilities                                             12,483                 19,659                 20,285
  Non Current Liabilities
        Trade and other payables                                             -                      -                       -
        Borrowings                                                      35,005                 34,291                 34,291
        Provisions                                                       9,305                  9,879                  9,843
  Total Non Current Liabilities                                        44,310                 44,169                  44,133
  Total Liabilities                                                     56,793                 63,828                 64,418

  Net Community Assets                                              1,062,191              1,061,352               1,042,521

  Community Equity
        Asset Revaluation Surplus                                       46,961                 26,892                 26,892
        Retained Surplus / (Defeciency)                                      -                      -                       -
        Shire Capital                                                1,015,230              1,000,677               1,000,677
        Current Year Net Earnings                                            -                 33,783                 14,951
  Total Community Equity                                            1,062,191              1,061,352               1,042,521

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